MI234: How to Create a Recession Proof Financial Plan w/ Dave Alison

IN THIS EPISODE, YOU’LL LEARN:

02:50 - How to create a financial plan using Dave’s “The Bucket Plan” method.

09:42 - How to protect your portfolios against periods of rising interest rates and recessions.

37:28 - Dave’s advice on how to allocate your assets between investment accounts in the most optimal way.

37:28 - How to allocate your investments in the most tax optimal way.

41:27 - What a money cycle is and the role it plays in your investment plan.

46:01 - What a pyramid of risk is, and how it can be used to help inform your investment decisions.

56:42 - How to determine when it's time to sell some of our winners.

01:07:03 - How to use the Bucket Plan to help you rebalance your portfolio.

01:08:04 - Dave’s advice on how to avoid common investing mistakes during a recession.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

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Check out: Clarity 2 Prosperity.

Check out: Alison Wealth Management.

Related Episode: Risk Management Techniques & Studying Warren Buffett w/ Max Rudolph - MI193.

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